Thrice the brinded bankers mew'd. Thrice and once Bernanke whined. Gold bugs cry, “’Tis time, ’tis time.” Round about the cauldron go:In the poison'd fiat throw.(5)...Double, double, toil and trouble...Dollarz burn and Euroz bubble....Time to stir-up this Aulde pot once again?g~j conduct this poll of any~all - financially eclectic~astute - happy~sad allchileans...Just now, on the global stage, Au aspired to a new high... $1231 at post... (BUT, remember, not even close to the 1980 high - factoring in inflation = $2150)Quo vadis?

Disclaimer: will poll data be anonymous? - comment below at you peril ...g~j (& admin.?) take no responsibility for the security of any/all disclosures... the possibility your ISP~DNS address can be traced... future capital gains may be taxed excessively by your respective Gmen... AND future confiscation of your Aussets may result...

Things are not what they appear to be: nor are they otherwise. --- Surangama Sutra “If we want everything to stay as it is, everything will have to change." --- Giuseppe Tomasi di Lamedusa

What impresses me as each leg falls (this time the EU), gold sheds commodity status and fulfills its role as currency of last resort. If you analyze what copper vs. gold did during this latest crisis, you see they went in opposite directions. It is beginning to dawn on folks in the West that outside the still world reserve currency USD, there is no paper left worth going to now that the EU has been discredited.

Ironic how the UK is in change of power crisis and one of the players was the guy who sold UK national gold at the market low.

The manipulating *‡#&heads took my paper position but they can't take my fiz.

Generally, just a SPAM KILLER. You are on your own in this forum. My personal mission here is done.

BUT when necessary, by way of ridicule and truth revelation we shalt do war.

Yea, that 1,000 point plunge last week would be hard to chase if you did not catch it in under about 10 mins it seems.

That is just the tip of the iceberg when it comes to the games being played with these micro-second trading programs out there. I could see one day a fully automated crash of the global stock markets being set off by some fast market moving event triggering a mess of other automated trades just spiraling the global markets down to near zero before anyone even realized what had happened. The big institutions have super computers plugged strait in to the biggest market computers, and it is simply impossible for a human to monitor in real time the trading their programs do.

from the wall street journal

It took the Dow Jones Industrial Average 62 long, grinding years to close above 582.69 for the first time. On Thursday, the Dow (NYSE: ^DJI - News) plunged by 582.69 points in less than 420 seconds.

Ticking away the moments that make up a dull dayYou fritter and waste the hours in an offhand way.Kicking around on a piece of ground in your home townWaiting for someone or something to show you the way..

Gold priced in euros broke through 1,000 euros an ounce for the first time in Europe on Friday... as the single currency extended losses to a 18-month low against the dollar.

Things are not what they appear to be: nor are they otherwise. --- Surangama Sutra “If we want everything to stay as it is, everything will have to change." --- Giuseppe Tomasi di Lamedusa

I've been to several countries, but one of the easiest countries to buy gold in has to be in Thailand. Every town has at least several gold shops and they display the daily price for one baht of gold(about 15 grams). It's always really close to the global spot gold price. That said, g&j, did you guys buy much gold when you were in Thailand? Was it hard to sell it elsewhere?

Some commentators are talking a euro at par to the dollar. I assure you that would be the end of the union and the beginning of the attack on the dollar that is certain to come.

If you have the emergence of national European currencies as a result of the failure of the union, the mirror image strength of the dollar would instantaneously disappear. Credit default swaps would turn their vengeance on the dollar. The Drachma would be incinerated. The Swiss and DM would be the stronger units.

If the EU fails so does the USDX. With no mirror image to hold up the dollar artificially, the US dollar will fall faster than Greece's credit.

Dear Jim,

You said that if the European Union breaks up there will be no USDX index to mirror image the euro.I don't understand.

Regards,CIGA Arlen

Dear Arlen,

The USDX would be around, but no longer reactive to the euro. The euro would be replaced with the original currencies of member states in various percentages as a synthetic euro, but the demise of the euro in the USDX would be complete. Further shorting would not be met with the same reward.

The attack of the US dollar would commence immediately.

Respectfully,Jim

Me thinks we will find out how right or wrong he is sooner than most will be comfortable (especialy the goldless).

Generally, just a SPAM KILLER. You are on your own in this forum. My personal mission here is done.

BUT when necessary, by way of ridicule and truth revelation we shalt do war.

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